HashKey Global Partners with Sonic to Launch 100K HSK and 500K Sonic Rings
HashKey Global, a licensed virtual asset exchange, announced a partnership with Sonic, a layer 2 network in the Solana ecosystem, on November 25, 2024. The collaboration aims to enhance digital asset experiences for users, particularly in the growing TikTok gaming community.
HashKey Global has become one of the fastest-growing crypto exchanges in 2024, operating under a Bermuda Monetary Authority license. It provides various trading services, including LaunchPad, contracts, and leverage products, positioning itself as a trusted platform in the digital asset space.
Sonic introduces its innovative TikTok Web3 Applayer on Solana. Its tap-to-earn game, SonicX, attracted over 1 million players within a month of launch, marking significant progress in social media-based Web3 gaming.
Compliance-Driven Web3 Innovation for Global Players
This partnership utilizes HashKey Global's trading infrastructure to deliver compliant digital asset services to Sonic's community. It aims to bridge traditional digital asset trading and social media-based gaming platforms.
Ben El-Baz, Managing Director of HashKey Global, emphasized the partnership's role in enhancing Web3 experiences. He stated that it is a major advancement for digital asset users and stakeholders.
El-Baz remarked, “This collaboration marks an exciting step forward in our mission to enhance the Web3 experience for global players and digital asset users.”
Chris Zhu, CEO of Sonic SVM, described the alliance as crucial for making Web3 gaming accessible. SonicX allows HashKey access to millions of potential users via TikTok, creating new growth opportunities.
Zhu noted, “This partnership with HashKey Global represents a significant milestone... By tapping into SonicX, HashKey is able to access millions via TikTok.”
Earn 100K HSK and 500K Sonic Rings
The companies launched a reward campaign featuring a prize pool of 100,000 HSK and 500,000 SONIC RINGS. Rewards are available for KYC verification through the SonicX app, offering 5 HSK and 25 Sonic Rings, with bonuses for first-time deposits.
The reward distribution includes two phases: Phase 1 runs from November 22 to November 25, with rewards distributed on November 26, while Phase 2 will distribute remaining rewards within seven days after the campaign concludes.
SonicX will continue its mining phase until its Token Generation Event (TGE), scheduled for Q4 2024 or Q1 2025, with ongoing mining operations post-TGE but with adjusted reward mechanisms for sustainable growth.
This partnership reflects HashKey Global's commitment to advancing the Web3 ecosystem while providing secure, efficient trading experiences, combining regulatory compliance expertise with Sonic SVM's innovative gaming technology.